IS FINANCIAL DEGLOBALIZATION REVERSIBLE?

Shannon O'Neill, the moderator, initiates a discussion on financial de-globalization with Merit, who suggests a re-globalization is occurring with services outpacing manufacturing. Your Excellency agrees some changes are happening but doesn't see a systemic shift, emphasizing the resilience of established norms. Mohamed highlights capital flow recalibration in the Middle East, driven by sovereign wealth funds and regional connectivity. Mikhail notes a rebound in global M&A activity, with cross-border deals at a five-year high, indicating realignment rather than de-globalization. Eric argues de-globalization is overstated, citing the vibrancy of US capital markets and the dollar's dominance, while mentioning a shift towards rebalancing trade relationships. The panelists discuss growth in digital cross-border payments and the importance of public-private partnerships. Your Excellency highlights the significance of regional trade agreements. Mikhail advises clients to focus on long-term strategies and relationships, while Mohamed emphasizes alignment with national interests.